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RCom under-reported revenues, says Trai audit

13.10.2009
RCom under-reported revenues, says Trai audit (BS)
A special auditor appointed by the Department of Telecommunications has said the Anil Dhirubhai Ambani Group -promoted Reliance Communications under-reported gross wireless revenues to the Trai for the financial years 2006-7 and 2007-8.


Bharti, Vodafone Sept mobile additions slow (ET)
Bharti Airtel Ltd's, India's top mobile operator added 2.51 million subscibers in September, lower than the previous month's addition of 2.82 million users, data from an industry body showed on Monday.


RCom claims govt's audit finds biased (BS)
A government appointed auditor is understood to have found inflation of revenues by Rs 2,915 crore by Anil Ambani group firm Reliance Communications (RCom) in 2007-08, besides evasion of Rs 315 crore in licence feee findings termed as "biased" by the company.


Nokia Siemens wins India GSM network deal (ET)
Nokia Siemens Networks wins GSM network deal with Unitech in India, the company said on Monday. It will cover Unitech's operations in six circles that include Gujarat, Maharashtra, Rajasthan, Punjab, Jammu & Kashmir and Himachal Pradesh.


Karbonn to invest Rs 100 cr in Indian mobile mkt (BS)
Karbonn Mobiles, a joint venture between Delhi-based Jaina group and UTL, today said the company is planning to invest Rs 100 crore in the current fiscal to grab about 7-10 per cent market share in the multimedia phone segment in the country.


Orange to Speed Up MVNO Launch Procedures (C-N)Orange has announced that it has chosen mobile virtual network aggregator, Transatel as a partner to sign-up new MNVOs on behalf of its UK business. Through this deal, companies will be able to launch as an MVNO in just six weeks.


India pips China to become world's fastest growing telecom mkt (ET)India has pipped China to become the world's fastest growing market, thanks to the various "innovative" ways such as infrastructure sharing and network management outsourcing adopted by it that has also helped telecom operators keep the service charge low, says a report.

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